Pending

$4,100,000

940 NW 2nd St, Prineville, OR 97754

--beds

0baths

19,296sqft

$27,526/mo

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Multi Family

Built in 1973

-- sqft lot

$3,640,800 Zestimate^®

$212/sqft

$-- HOA

What's special

Ochoco viewsComplete exterior paintRenovated parking lot

Rio Vista Apartments located in high growth Central Oregon community of Prineville. 22 units in great shape with extensive upgrades including complete exterior paint, renovated parking lot, mini splits heating and cooling, and 8 year old metal roof. 6.9% cap rate on in place income with upside potential. Incredible Prineville location with golf course and Ochoco views. See offering memorandum attached in Other documents for complete information and financials. Co listed with Northmarq.

72 days

41

0

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0

Heating

Ductless, Electric

Cooling

Ductless

Features

Flooring: Carpet, Vinyl
Basement: None
Has fireplace: No
Common walls with other units/homes: 2+ Common Walls

Interior area

Total structure area: 19,296
Total interior livable area: 19,296 sqft

Property

Parking

Parking features: Asphalt, Parking Lot

Features

Levels: Two
Stories: 2
Has view: Yes
View description: Creek/Stream, Golf Course, Park/Greenbelt, Territorial
Has water view: Yes
Water view: Creek/Stream

Lot

Size: 0.99 Acres
Features: Landscaped

Details

Parcel number: 8885
Zoning description: C2; General Commercial
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Multi Family

Materials

Frame
Foundation: Slab
Roof: Metal

Condition

New construction: No
Year built: 1973

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: Johnsons

HOA

Has HOA: No

Location

Region: Prineville

Financial & listing details

Price per square foot: $212/sqft
Annual tax amount: $13,709
Date on market: 5/15/2026
Cumulative days on market: 72 days
Listing terms: Cash,Conventional
Road surface type: Paved

Estimated market value

$3,640,800

$3.42M - $3.86M

$1,581/mo

Price history

Date	Event	Price
7/14/2026	Pending sale	$4,100,000$212/sqft
Source: Oregon Datashare #220221478 Report a problem
5/15/2026	Listed for sale	$4,100,000$212/sqft
Source: Oregon Datashare #220221478 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 97754

Getting around

61 / 100

Somewhat Walkable

48 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

6/10
Crooked River Elementary School
Grades: K-5Distance: 1.4 mi
8/10
Crook County Middle School
Grades: 6-8Distance: 1.2 mi
6/10
Crook County High School
Grades: 9-12Distance: 1.4 mi

Schools provided by the listing agent

Middle: Crook County Middle
High: Crook County High

Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.